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Yamaha: U.S Audio Sales Up 10% In Q1

8/22/2011 04:42:58 PM Eastern

Buena Park, Calif.
- Yamaha Electronics USA
(YEC) said its first-quarter sales in the U.S. rose 10 percent in dollars even
though a financial
report
issued by its Japan parent cited an unspecified decline in Yamaha's
North American home audio sales.

U.S. volume
reported back to Japan reflected the depreciation of the Japan yen from about
90 yen to the dollar to about 80 yen to the dollar during that time, YEC
president Tom Sumner told TWICE. In addition, the parent's financial report
also failed to mention that sales of residential architectural speakers began a
year ago to be included in the sales of the parent's pro audio/musical
instruments group, which is responsible for the products' design, even though YEC
continues to market the architectural speakers in the U.S., Sumner said.

Information on
Yamaha's North American home audio sales, combining U.S. sales with Canadian
and Mexican sales, was unavailable. YEC is responsible only for U.S. home audio
sales.

With YEC's overall
U.S. sales, including architectural speakers, up 10 percent in the quarter, the
company's AVR sales were up about 2 percent to 3 percent during that time,
Sumner said. Other products included in the 10-percent gain include in-room
speakers, desktop audio systems, mini and microsystems, HTiBs, stereo hi-fi
equipment, headphones, accessories and digital sound projectors, which deliver
virtual surround sound from one-piece active DSP speaker systems.